In a press conference with his Egyptian counterpart Sameh Shoukry, Chinese foreign minister Wang Yi said, "It is necessary to insist on the establishment of an independent, fully sovereign state of Palestine on the 1967 borders, with east Jerusalem as its capital." A joint statement from the two ministers urged...

New Delhi, India - Dramatic drone footage showing Indian commandos hunting pirates after an attack in the Arabian Sea illustrates New Delhi's "significant" expansion of a muscular maritime force reflecting global ambitions, analysts say. The commandos, deployed this month from an Indian-built warship after an attempted hijacking of a merchant bulk...

Beijing, China--China called Friday for all sides to prevent the Yemen conflict from expanding, after strikes by the United States and United Kingdom on Houthi rebel targets. Heavy US and British air strikes pounded targets in rebel-held Yemen early on Friday after weeks of disruptive attacks on Red Sea shipping by...

Beijing, China - Trade between China and Russia hit a record high in 2023, official data from Beijing showed on Friday, as commerce with the United States fell for the first time in four years on the back of geopolitical tensions. China-Russia trade reached more than $240 billion, customs figures showed,...

The 24 teams spanning Australia to Palestine will battle for regional glory over the next four weeks, culminating in the final at the 88,000-capacity Lusail Stadium on February 10.

Beijing, China - Chinese state-backed experts have found a way to identify people who use Apple's encrypted AirDrop messaging service, according to the Beijing municipal government. AirDrop allows users to send content to Apple devices in close proximity without an internet connection, encoded so they cannot be viewed by other people....

Indian refiners bought 1.45 million barrels per day of Russian oil last month, their lowest amount since last January and down nearly 16 percent from November, according to global energy trade intelligence platform Kpler.

Paris, France - US Secretary of State Antony Blinken, Israeli President Isaac Herzog and Middle East leaders will attend a World Economic Forum in Davos next week dominated by the war in Gaza, the WEF said Tuesday. Argentina's libertarian new president, Javier Milei, French President Emmanuel Macron and Chinese Premier Li...

It is in talks with buyers including tech giant Tencent.

In an attempt to lower recriminations in the relations between the two countries, President Joe Biden met Chinese counterpart Xi Jinping in San Francisco in November for talks that both sides described as a qualified success. Beijing and Washington have butted heads in recent years on flashpoint issues from technology...

Hong Kong, China - Asian markets stumbled out of the gates Monday, extending last week's grim start to the year, after a forecast-busting US jobs report further dampened hopes for an early interest rate cut. The keenly awaited non-farm payrolls data Friday showed the world's number one economy remains resilient despite...

It delivered 6,032 cars in 2023, the highest in its 119-year history.

China, which has a broad definition of state secrets, has publicized several other alleged spying cases in recent months. In May, authorities sentenced 78-year-old American citizen John Shing-wan Leung to life in prison for espionage, though Beijing has not provided substantial details of his case.

At the time of its establishment in 2019, Evergrande NEV said it aimed to become the world's leading manufacturer of electric cars in just "three to five years". But the EV unit's cash flow and growth outlook were hit hard by its parent company's increasingly dire financial situation.

Doha, Qatar--Qatar National Bank (QNB) expects the global economic growth to be around 2.9 percent in 2024, roughly the same rate as last year. QNB, in its weekly commentary, said, "There is no doubt that expectations for 2024 were influenced by the experience of investor sentiment from 2023, when negative...

New Delhi, India - India's solar observation mission on Saturday entered the Sun's orbit after a four-month journey, the latest success for the space exploration ambitions of the world's most populous nation. The Aditya-L1 mission was launched in September and is carrying an array of instruments to measure and observe the...

China is a vital component in US-based Tesla's global layout.

NEW YORK, US - Former US president Donald Trump's businesses received at least $7.8 million from foreign governments including China during his time in the White House, a congressional report claimed. Officials from Saudi Arabia, India, Turkey and Democratic Republic of Congo were among some 20 countries' representatives who paid money...

Hong Kong, China - Asian markets fell Wednesday in line with a sell-off across most of the world as traders took their cash off the table after a blockbuster end to 2023, with eyes now on the release this week of Federal Reserve minutes and US jobs data. Equities surged in...

Tesla's stock slipped after the news was announced.

The deal was originally expected to be completed by 2021.

Beijing, China -- China's import and export tariff adjustments on some goods took effect on Monday, including implementing provisional import tariff rates lower than the most favored nation rates on 1,010 goods, implementing tariff rates on some commodities under agreements and applying preferential tariff rates to 43 least-developed countries (LDCs)....

Doha, Qatar -- Qatar's foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR 16.7 billion ($4.58 billion) in Nov 2023, a decrease of about QR 9.5 billion, or 36.3 percent, compared to Nov 2022, and a decrease by nearly QR 2.3 billion or 12.1 percent compared...

Taiwan is less than two weeks from an election, closely watched from Beijing to Washington as it determines the future of the self-ruled island's relations with an increasingly bellicose China. Chinese president has previously said China would never rule out the use of force to bring Taiwan under its control.

The National Bureau of Statistics (NBS) said, "In December... the level of vitality in the manufacturing sector somewhat declined." In recent months, Beijing has announced a slew of targeted measures as well as a sizeable issuance of sovereign bonds to boost infrastructure spending and rev up economic activity.

Manama, Bahrain--The Bahrain Tourism and Exhibitions Authority (BETA) began a roadshow in Shanghai and Guangzhou, China, involving prominent travel, tourism, aviation, and hotel sectors.  The roadshow aims to promote Bahrain as a prominent tourist destination in regional and global markets, enhancing the sector's contribution to the gross domestic product in...

The car manufactured by Xiaomi likely to enter market by 2025.

After President Vladimir Putin sent troops to Ukraine in February 2022, Western countries hit Russia with a slew of sanctions including a European Union embargo on its seaborne oil deliveries. As it was losing much of its market share in Europe, Moscow pivoted to other buyers including China.

BYD already has operations in Hungary, including an electric bus factory.

Beijing first moved against the gaming sector in 2021 as part of a sprawling crackdown on big tech, including a strict cap on the amount of time children could spend playing online. But the draft regulations announced Friday would introduce limits on recharging in-game wallets and abolish features meant to...

Nike promised up to $2 billion in cost savings Thursday.

The Chinese president called for deeper bilateral cooperation during a meeting with Russia's Prime Minister Mikhail Mishustin in Beijing. The strong relationship between the two nations, which has endured despite Russia's military invasion of its neighbour Ukraine in early 2022, has faced pointed criticism from Western leaders in recent years.

US Geological Survey said Monday night's magnitude-5.9 quake struck at a shallow depth with an epicenter around 100 kilometers from Gansu's provincial capital, Lanzhou. China's state news agency Xinhua reported the magnitude as 6.2 and said the shaking was felt as far away as the major city of Xi'an, about...

This follows an earlier investment of $738.5 million by CYVN in July.

Moscow, Russia--Gazprom has set a new record for daily gas supplies to China via the Power of Siberia pipeline on December 16, the company said in a statement. "On December 16, China’s application for the supply of Russian gas through the Power of Siberia gas pipeline once again exceeded the...

Shenzhen, China - Saudi Ministry of Environment, Water and Agriculture discussed ways to enhance investments between the Kingdom and China in the aquaculture sector with representatives of more than 60 specialized Chinese companies. The National Fisheries Development Program, a delegation of Saudi ministry, participated in the Global Investment Promotion Conference,...

Several companies specialising in so-called "ghost bots" have emerged in the United States in recent years. But the industry is booming in China, according to Zhang Zewei, the founder of the AI firm Super Brain and a former collaborator with Wu.

The agreement will bolster cross-border ETF cooperation.

Dubai, UAE - With the UAE-based G42's decision to align with US directives by severing ties with Chinese tech partners early this month, the spotlight now shifts to the actions anticipated from other technology firms across the GCC region. The question now is whether more companies in the region will...

Beijing, China - China and Saudi Arabia signed over 60 MoUs and agreements worth over $25 billion at the investment conference in Beijing. The conference was attended by more than 1,000 government and business leaders. Agreements were signed in key sectors including energy, agriculture, tourism, mining, financial services, logistics, infrastructure,...

Washington, United States -- The United States unveiled sanctions Tuesday on individuals and companies based in China, Turkey, the United Arab Emirates and others, aiming to disrupt Moscow's military procurement networks amid its war in Ukraine. The latest actions take aim at people and entities accused of supplying Russia’s industry and...

Colombia, whose left-leaning government has aggressively promoted environmentalism, warned that COP28 was also failing on raising financing for countries to adapt to the effects of climate change. If countries block "goals on adaptation but at the same time oppose the phase out fossil fuel, they need to be held accountable....

Despite efforts by the OPEC oil cartel to block any text targeting fossil fuels at COP28, Chinese envoy Xie Zhenhua told reporters that "some progress" has been made on the issue. "If we do not resolve this issue, I don't see much chance in having a successful COP28," he said.

Tehran, Iran - Iran said on Saturday that attempting to revive its landmark nuclear deal with world powers that was effectively scrapped by former US president Donald Trump was increasingly "useless". "Today, the more we advance, the more the JCPOA becomes useless," Foreign Minister Hossein Amir-Abdollahian said in a speech to...

In a note to the UN Secretary-General Antonio Guterres and UN Climate Change body, shared with AFP, climate scientists from the Potsdam Institute for Climate Impact Research (PIK) and Exeter University said there was very little room for anything but a total phase-out of fossil fuels.

Climate campaigners have viewed Jaber with deep suspicion due to his position as the head of UAE national oil firm ADNOC, but he has sought to assure sceptics by stating that a phase down of fossil fuels was "inevitable".

Bac Giang, Vietnam - Vi Thi Anh spent half a decade doing monotonous low-paid work in industrial hubs near Vietnam's capital Hanoi, assembling mobile phones for global electronics companies including Samsung. Then she discovered she could earn vastly more hawking food products to thousands of followers as one of the country's...

Beijing, China - President Xi Jinping said that China's economic recovery is at a "critical stage", state broadcaster CCTV reported Friday, as sluggish domestic activity and property sector woes drag on a post-pandemic rebound. "At present, the country's economic recovery is still at a critical stage," Xi said at a meeting...

Proponents of the BRI praise it for bringing resources and economic growth to the Global South. But critics have long pointed to opaque pricing for projects built by Chinese companies, with countries including Malaysia and Myanmar renegotiating deals to bring down costs.

Developed in 2003 by the Chinese pharmacist Hon Lik, concerns are growing over the risk of teens becoming hooked on nicotine through candy-colored disposable vapes.